When we talk about ways to mange free money most people follow the DWEED process.

The DWEED process is the "Do What Everybody Else Does" process. This group bases their investing on a recommendation from a friend, colleague advertisement, book or some other similar source.

I find that the people who fall into this group are often brilliant at their careers, but they just haven't figured out how to leverage their talents to make them wildly successful in their investing.

Usually, the people in this group are the ones who are scared to death of the current global economy. To me, it makes sense that they are scared because they have no strategy. And, because they invested based on what every one else was doing, they don't have the knowledge about their investment to know how to decrease their risk.

Yes, I do agree on the ways you said.I have to say that the most important thing on handling and managing money is having enough (or more even) knowledge in doing so as well as to strategize to yield even more profit.

The best way to safely manage your money is that you should be active or responsible on what you are doing especially when you are making to deposit your money ina particular ICO you shpuld know the platform of that particular campaign for you to know also if it will going to be successful and if it will going to help you to earn bigger income. If youre not. You should continue on what you are doing right now earning yoyr free money

Personally, I do not trust until the end of the cryptocurrency with all the pros and cons and therefore try to withdraw funds and use them in more reliable projects, where, in case of failure, you can return the invested money. At the same time, the type of cryptocurrency earnings is very attractive.

the best way to manage free money is to invest. because by investing money will multiply many times. if it has been many times I will open a private business in this way my economic condition will improve and I will not worry anymore if the crypto world is not running because I already have a real business.

What is the management of money? I personally think, can be divided into three steps, one is to analyze the income and expenditure, the second is to learn to spend, the third is to understand the investment.

I suggest you check with local agents about the mutual fund policies available in your area. They are also governed by the government and therefore you will have that trust factor.There is only one adviser, that mutual fund policy is subject to market risk and you can also lose money if luck does not benefit you.I do not know if you've heard of a mutual fund scheme provided by an Asset Management Company. They invest some of your income in equity and other parts of debt and give you a return of almost 20-30%.

Simply depositing extra money in bank, which is a safe place no doubt, but is not a very fruitfull way of utilising the money. Having it invested somehwere puts that money into work and helps earn more money out of it. Thats a good thing to do rather then just keeping it in bank.

I feel unable to do daily trading in market bitcoin / cryptocurrency, I want to invest my money. please give me advise on what you think is good about:1. bank deposits2. Lending cryptocurrency3. Mining4. Gold assets5. Property6. other ideas ...your response will be very useful for me, and maybe some visitors who read this thread. and thank you for your comments.

Investing in some property is also a good way to invest and specially if you are going to invest in land it has high demand and the value of this is increase in every year then in the same time you should invest in crypto currency like buying a coin then hold it for a long term.

I suggest you check with local agents about the mutual fund policies available in your area. They are also governed by the government and therefore you will have that trust factor.There is only one adviser, that mutual fund policy is subject to market risk and you can also lose money if luck does not benefit you.I do not know if you've heard of a mutual fund scheme provided by an Asset Management Company. They invest some of your income in equity and other parts of debt and give you a return of almost 20-30%.

I do not like the idea of handing everything over for someone else to do their investing. These kind of people want success in their investing but really doesn't want any part of it.

Now, it is not bad to have a team around you to do the work. In fact, it's fantastic to build a wealth team!

But there is a huge difference between handing everything over with no further involvement versus understanding the type of investing being done and letting the systems manage the team members so less involvement is required.

I find that these people grow dissatisfied with the results they get and look for something else to help them reach their goals.

Have you ever thought to try to invest everything on ICO? I think it is much more promising. Perhaps many people have doubts with this because the risk of the scam is very high, but the results are great.

yes, I've tried investment in ICO project, I can't tell you much, it's actually great to have the ability to choose which projects are good and profitable, and to determine this we have to learn many things, whitepapers, team members, products, communities.

Investing in some property is also a good way to invest and specially if you are going to invest in land it has high demand and the value of this is increase in every year then in the same time you should invest in crypto currency like buying a coin then hold it for a long term.

If you'd like to invest on cryptocurrency, i should prefer you to invest with bitcoin and ethereum. This two different types of cryptocurrency i think is the most trusted and having a great potential to create a higher value in the future.

I am surprised that no one mentioned about private placements. The private placement market offers investors the opportunity to invest in securities of privately owned growth companies that may later become publicly listed, and as a result possibly experience dramatically increased share prices. Where private companies are not meant to go public but may still engage in a private placement, such as in the case of certain real estate developments, the investor buys a share in the project that he/she later receives back at the time of completed project sale, together with a percentage of the project profits.

I think it is not very hard to make wise decision in crypto currency as everyone know that crypto investment is good to make your money high, if you are real investor then it will not hard for you to take risk, as much risk you will take today then tomorrow you will not be worry about rainy day as you will have to save something against rainy day.

For me I will save for the half of it for my personal and emergency needs and the other half was plannable to invest crypto currency.

The problem with free money is that we don't consider it in the same level as the money we worked hard for. Since it's free, it's easy for us to spend it in unnecessary expenses. I think we have to realize that money is money regardless of how we got it. Then we'd be able to manage it responsibly.

I suggest you check with local agents about the mutual fund policies available in your area. They are also governed by the government and therefore you will have that trust factor.There is only one adviser, that mutual fund policy is subject to market risk and you can also lose money if luck does not benefit you.I do not know if you've heard of a mutual fund scheme provided by an Asset Management Company. They invest some of your income in equity and other parts of debt and give you a return of almost 20-30%.

I do not like the idea of handing everything over for someone else to do their investing. These kind of people want success in their investing but really doesn't want any part of it.

Now, it is not bad to have a team around you to do the work. In fact, it's fantastic to build a wealth team!

But there is a huge difference between handing everything over with no further involvement versus understanding the type of investing being done and letting the systems manage the team members so less involvement is required.

I find that these people grow dissatisfied with the results they get and look for something else to help them reach their goals.

Yup, you are absolutely right. I have friends that has experienced this and two of them were really unlucky because without them knowing it, they were being tricked or taken advantage of the people they trusted with their money because these people they trusted gave them only half and on some occasions less than half of what their profits should be just because they were too lazy to do background check on these guys. This has happened to them for a long time because they do not understand what they put their money into. It is sad but I think they deserved it, at least now they learned and are thinking more than twice before trusting and making their own research about their investments.

Mining Bitcoin is Good and profitable but this season of bitcoin is too risky you have bit profit by mining nowadays i suggest that if you have money try to invest it in small business that you might think give you a daily profit. Investing in crypto is always don't have guarantee of turning back.

I feel unable to do daily trading in market bitcoin / cryptocurrency, I want to invest my money. please give me advise on what you think is good about:1. bank deposits2. Lending cryptocurrency3. Mining4. Gold assets5. Property6. other ideas ...your response will be very useful for me, and maybe some visitors who read this thread. and thank you for your comments.

Mining Bitcoin is Good and profitable but this season of bitcoin is too risky you have bit profit by mining nowadays i suggest that if you have money try to invest it in small business that you might think give you a daily profit. Investing in crypto is always don't have guarantee of turning back.

The best way to manage free money is to make an investment, it could be here in cryptocurrency or in stock market, but for me I would choose to have 80% crypto and 20% in stock market or in a lending company or in a real estate, prioritize bitcoin and some top coins to invest as they are more profitable.